Myriad Genetics Stock Analysis
MYGN Stock | USD 4.47 0.35 7.26% |
Myriad Genetics is undervalued with Real Value of 8.55 and Target Price of 21.2. The main objective of Myriad Genetics stock analysis is to determine its intrinsic value, which is an estimate of what Myriad Genetics is worth, separate from its market price. There are two main types of Myriad Genetics' stock analysis: fundamental analysis and technical analysis.
The Myriad Genetics stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Myriad Genetics is usually not traded on Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. Myriad Stock trading window is adjusted to America/New York timezone.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myriad Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Myriad Stock Analysis Notes
About 97.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.68. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Myriad Genetics has Price/Earnings To Growth (PEG) ratio of 1.4. The entity recorded a loss per share of 1.12. The firm had not issued any dividends in recent years. Myriad Genetics had 2:1 split on the 26th of March 2009. Myriad Genetics, Inc., a genetic testing and precision medicine company, develops and commercializes genetic tests in the United States and internationally. The company was founded in 1991 and is headquartered in Salt Lake City, Utah. Myriad Genetics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 2400 people. To find out more about Myriad Genetics contact Paul Diaz at 801 584 3600 or learn more at https://www.myriad.com.Myriad Genetics Quarterly Total Revenue |
|
Myriad Genetics Investment Alerts
Myriad Genetics generated a negative expected return over the last 90 days | |
Myriad Genetics has high historical volatility and very poor performance | |
The company reported the previous year's revenue of 837.6 M. Net Loss for the year was (127.3 M) with profit before overhead, payroll, taxes, and interest of 582 M. | |
Myriad Genetics currently holds about 205.1 M in cash with (8.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.54. | |
Over 97.0% of the company shares are owned by institutional investors | |
Latest headline from news.google.com: Evolent Health, West Pharmaceutical Services, Myriad Genetics, Tandem Diabetes, and Integra LifeSciences Shares Are Falling, What You Need To Know - TradingView |
Myriad Genetics Upcoming and Recent Events
Earnings reports are used by Myriad Genetics to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
27th of February 2024 Upcoming Quarterly Report | View | |
1st of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
27th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Myriad Largest EPS Surprises
Earnings surprises can significantly impact Myriad Genetics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2002-05-07 | 2002-03-31 | -0.08 | -0.07 | 0.01 | 12 | ||
2002-02-05 | 2001-12-31 | -0.06 | -0.05 | 0.01 | 16 | ||
2001-08-21 | 2001-06-30 | -0.05 | -0.04 | 0.01 | 20 |
Myriad Genetics Environmental, Social, and Governance (ESG) Scores
Myriad Genetics' ESG score is a quantitative measure that evaluates Myriad Genetics' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Myriad Genetics' operations that may have significant financial implications and affect Myriad Genetics' stock price as well as guide investors towards more socially responsible investments.
Myriad Stock Institutional Investors
Shares | Camber Capital Management Llc | 2025-03-31 | 2.4 M | Artisan Partners Limited Partnership | 2025-03-31 | 2.3 M | Geode Capital Management, Llc | 2025-03-31 | 2.2 M | Dimensional Fund Advisors, Inc. | 2025-03-31 | 2.2 M | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 1.6 M | Qube Research & Technologies | 2025-03-31 | 1.4 M | Nuveen Asset Management, Llc | 2024-12-31 | 1.4 M | Nuveen, Llc | 2025-03-31 | 1.2 M | Charles Schwab Investment Management Inc | 2025-03-31 | 1.2 M | Blackrock Inc | 2025-03-31 | 15.5 M | Vanguard Group Inc | 2025-03-31 | 10.7 M |
Myriad Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 412.03 M.Myriad Profitablity
The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.15) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.15.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.27) | (0.25) | |
Return On Capital Employed | (0.14) | (0.14) | |
Return On Assets | (0.12) | (0.12) | |
Return On Equity | (0.18) | (0.17) |
Management Efficiency
Myriad Genetics has return on total asset (ROA) of (0.0526) % which means that it has lost $0.0526 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1384) %, meaning that it created substantial loss on money invested by shareholders. Myriad Genetics' management efficiency ratios could be used to measure how well Myriad Genetics manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of July 2025, Return On Tangible Assets is likely to grow to -0.25. In addition to that, Return On Capital Employed is likely to grow to -0.14. At this time, Myriad Genetics' Non Currrent Assets Other are very stable compared to the past year. As of the 19th of July 2025, Other Current Assets is likely to grow to about 55.4 M, while Total Assets are likely to drop about 686.6 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 7.74 | 5.48 | |
Tangible Book Value Per Share | 1.68 | 1.60 | |
Enterprise Value Over EBITDA | (21.51) | (20.44) | |
Price Book Value Ratio | 1.77 | 1.68 | |
Enterprise Value Multiple | (21.51) | (20.44) | |
Price Fair Value | 1.77 | 1.68 | |
Enterprise Value | 1.1 B | 790.3 M |
At Myriad Genetics, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Technical Drivers
As of the 19th of July, Myriad Genetics secures the Standard Deviation of 6.57, risk adjusted performance of (0.08), and Mean Deviation of 3.96. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Myriad Genetics, as well as the relationship between them.Myriad Genetics Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Simple Moving Average indicator is calculated by adding the closing price of Myriad Genetics for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Myriad Genetics short-term fluctuations and highlight longer-term trends or cycles.
Myriad Genetics Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Myriad Genetics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Myriad Genetics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Myriad Genetics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Myriad Genetics Outstanding Bonds
Myriad Genetics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Myriad Genetics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Myriad bonds can be classified according to their maturity, which is the date when Myriad Genetics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MYLAN N V Corp BondUS62854AAP93 | View | |
MYLAN N V Corp BondUS62854AAN46 | View | |
MYLAN INC 54 Corp BondUS628530BC02 | View | |
MYLAN INC 455 Corp BondUS628530BK28 | View | |
MYLAN INC Corp BondUS628530BJ54 | View | |
BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Myriad Genetics Predictive Daily Indicators
Myriad Genetics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Myriad Genetics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 127340.0 | |||
Daily Balance Of Power | (0.76) | |||
Rate Of Daily Change | 0.93 | |||
Day Median Price | 4.69 | |||
Day Typical Price | 4.62 | |||
Price Action Indicator | (0.40) | |||
Period Momentum Indicator | (0.35) | |||
Relative Strength Index | 59.38 |
Myriad Genetics Forecast Models
Myriad Genetics' time-series forecasting models are one of many Myriad Genetics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Myriad Genetics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Myriad Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Myriad Genetics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Myriad shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Myriad Genetics. By using and applying Myriad Stock analysis, traders can create a robust methodology for identifying Myriad entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.15) | (0.15) | |
Operating Profit Margin | (0.15) | (0.15) | |
Net Loss | (0.15) | (0.16) | |
Gross Profit Margin | 0.70 | 0.92 |
Current Myriad Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Myriad analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Myriad analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
21.2 | Buy | 15 | Odds |
Most Myriad analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Myriad stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Myriad Genetics, talking to its executives and customers, or listening to Myriad conference calls.
Myriad Stock Analysis Indicators
Myriad Genetics stock analysis indicators help investors evaluate how Myriad Genetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Myriad Genetics shares will generate the highest return on investment. By understating and applying Myriad Genetics stock analysis, traders can identify Myriad Genetics position entry and exit signals to maximize returns.
Begin Period Cash Flow | 140.9 M | |
Long Term Debt | 39.6 M | |
Common Stock Shares Outstanding | 90.6 M | |
Total Stockholder Equity | 701.1 M | |
Total Cashflows From Investing Activities | -11.9 M | |
Tax Provision | 3.8 M | |
Property Plant And Equipment Net | 172.4 M | |
Cash And Short Term Investments | 102.4 M | |
Cash | 102.4 M | |
Accounts Payable | 32.3 M | |
Net Debt | 37.9 M | |
50 Day M A | 5.0112 | |
Total Current Liabilities | 164.1 M | |
Other Operating Expenses | 961.1 M | |
Non Current Assets Total | 729.6 M | |
Forward Price Earnings | 476.1905 | |
Non Currrent Assets Other | 8.5 M | |
Stock Based Compensation | 49.8 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myriad Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Myriad Stock, please use our How to Invest in Myriad Genetics guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myriad Genetics. If investors know Myriad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myriad Genetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.12) | Revenue Per Share | Quarterly Revenue Growth (0.03) | Return On Assets | Return On Equity |
The market value of Myriad Genetics is measured differently than its book value, which is the value of Myriad that is recorded on the company's balance sheet. Investors also form their own opinion of Myriad Genetics' value that differs from its market value or its book value, called intrinsic value, which is Myriad Genetics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myriad Genetics' market value can be influenced by many factors that don't directly affect Myriad Genetics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myriad Genetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myriad Genetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myriad Genetics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.